Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Court halts registration of new Bulgarian Energy Holding management

Bulgarian Energy Holding
Photo: BGNES

The registration of the new management of the Bulgarian Energy Holding (BEH) has been halted by the court after an appeal by BEH’s former CEO, who was removed from office, Valentin Nikolov, BNR’s Juliana Kornazheva reports.

On Friday Energy Minister Andrey Zhivkov dismissed the holding’s board of directors and the board is appealing the decision. The Ministry of Energy gives as the reason for the dismissal: lack of results following the minister’s demand that the management of Bulgartransgaz be dismissed due to breaches connected with the Balkan Stream project and unsatisfactory financial performance. Valentin Nikolov on his part stated that the minister wanted to take over the companies under the umbrella of the holding:  Kozloduy Nuclear Power Plant, Bulgargaz, Bulgartransgaz, Maritsa Iztok Thermal Power Plant, Mini Masritsa Iztok. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

New speaker of the Bulgarian Parliament Raya Nazaryan (GERB)

Raya Nazaryan from GERB is the new Speaker of the Bulgarian Parliament

The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker of Parliament. The new mechanism provides for each of the three political formations to nominate its..

published on 10/29/25 4:14 PM

41.5% of Bulgarians expect their personal finances to deteriorate in 2026

More and more Bulgarians fear about the future security of their finances . This is shown by a survey by the sociological agency "Measure", conducted between October 5 and 13, 2025 among 801 adult Bulgarian citizens.  Almost 60% of workers in..

published on 10/29/25 3:23 PM

Almost 60% of workers in Bulgaria earn wages below the subsistence minimum

The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a child under 14, 2,785 leva (1,346 euros) are needed. This was announced by Violeta Ivanova, deputy..

published on 10/29/25 2:32 PM